The Paris Agreement

Related content

China accounts for 28% of the world's emissions and almost 10% of global GDP

China's carbon-neutral target for 2060: What does it mean for global climate action?

The world's largest emitting country, China, has pledged to carbon neutrality by 2060, in a surprising yet welcome move that will boost global negotiations on climate action ahead of next year's COP26 summit.

The global cement industry is estimated to account for 6-7% of man-made greenhouse gas (GHG) emissions annually

World's largest cement manufacturer commits to science-based targets and net-zero pathway

The world's largest cement manufacturer, LafargeHolcim, has committed to becoming the first global building materials company to have targets approved by the Science Based Targets initiative (SBTi).

The targets have now been approved by the SBTi as consistent with levels required to meet the climate goals of the Paris Agreement

Tate & Lyle has carbon goals approve by Science Based Targets initiative

Food and drink ingredient supplier Tate & Lyle has had goals to reduce operational and value chain emissions approved by the Science Based Targets initiative (SBTi).

BT has a net-zero emissions goal set for 2045

BT joins calls to accelerate climate action through 1.5C Business Playbook

BT has joined the likes of Ikea and Ericsson in supporting the 1.5C Business Playbook, calling for renewed efforts from corporates and policymakers to halve emissions by 2030 as part of a "race to zero".

The paper is the first step in an effort to ensure that corporate net-zero targets are aligned to climate science and efforts to deliver a net-zero world by no later than 2050

SBTi kickstarts process on global standard for science-based corporate net-zero targets

The Science Based Targets initiative (SBTi) has issued its first guidance on what will ultimately lead to the development of a new global standard to ensure that corporate net-zero carbon targets are aligned with climate science.

Companies receiving the letter collectively account for 80% of industrial greenhouse gas emissions generated globally each year

Investors covering $47trn ask world's highest-emitting corporates to prove net-zero alignment

An initiative involving 500+ investors representing $47trn in assets has asked 161 of the world's largest corporate emitters, including fossil fuel and mining giants, requesting that they commit to net-zero targets and prove they are changing their business models and processes accordingly.

The end game, regardless, would be to achieve climate neutrality by 2050

EU lawmakers up the ante, vote for 60% climate target for 2030

The European Parliament's environment committee has voted for a new EU-wide target to reduce carbon emissions 60% by 2030, setting the stage for tough negotiations with EU countries and the European Commission, which is expected to propose a 55% goal next week. EURACTIV Germany reports.

Sharma was quizzed on the UK's roads programme, green buildings grants and COP26 preparations 

Alok Sharma promises 'joined-up thinking' on net-zero policy, but examples remain scarce

Business Secretary Alok Sharma delivered rhetoric that the Government will approach the net-zero emissions commitment for 2050 through a "joined-up thinking" approach, but was unable to confirm any concrete policy announcements that would ensure fossil fuels aren't locked into the future economy.

Signify will aim to double the revenue it earns from its “circular” products and services, now targeting 32% of all sales by 2025

Signify reaches carbon neutrality globally, revamps corporate goals for 2025

Global lighting firm Signify has revealed it has reached its ambition to be carbon neutral across its operations and is now pledging to "go beyond" that original target.

Sky recently unveiled a new commitment to achieve net-zero carbon emissions by 2030 

Football broadcast on Sky Sports to be certified to highest sustainability standards

Sky Sports has confirmed that all Premier League and English Football League matches broadcast across its sports channels will be certified to sustainable production levels.

The company claims the targets will assist with the identification of steps required to become a net-zero emissions business by 2050

Lenovo to halve emissions as part of science-based targets

Computer manufacturer Lenovo has unveiled new science-based targets to halve emissions from its operations and reduce value chain impacts by 25% by 2030, with a view to reaching net-zero emissions by 2050.

In addition, the Ingka Group has confirmed it will implement a “zero-fossil fuel approach” to spending and procurement

Ikea owner commits €600m in sustainability investing over next 12 months

Ingka Group - the business owner of Ikea - will commit €600m in sustainability investments, including a "zero-fossil fuel" approach, to assist with Ikea's overall ambition of becoming "climate positive" by 2030.

Registration is free and the session will be made available on-demand after it airs

Available on demand: edie's Scope 3 emissions masterclass webinar featuring Pukka Herbs

edie's latest masterclass webinar is now available to watch on-demand. Be sure to tune in to learn about managing and reducing your organisation's Scope 3 (indirect) emissions in line with the Paris Agreement, featuring insight from Pukka Herbs' sustainability manager Vicky Murray.

The global cement industry is estimated to account for 6-7% of man-made greenhouse gas (GHG) emissions annually

Manufacturers aim for carbon-neutral cement by 2050

A group of the world's leading producers of cement have issued a new industry commitment to deliver carbon-neutral concrete by 2050.

More than 1,200 eSprinters will be provided, with an additional 600 eVitos – a smaller zero-emission electric van – also incorporated into the fleet

Mercedes-Benz targets zero-carbon emissions by 2040, provides 1,800 EVs to Amazon

Mercedes-Benz has joined Amazon's Climate Pledge, setting an aim to become a zero-carbon business by 2040, on the same day the company confirmed it would provide more than 1,800 electric vehicles (EVs) to the e-commerce giant's Delivery Service Partners.

Image: Ron Fassbender

Samsung faces youth climate protests over involvement in new Vietnam coal plant

Climate protestors have gathered outside Samsung's flagship UK store on Oxford Street this morning (21 August), calling on the firm to halt plans to help build a new coal-fired power plant in Vietnam.

Over the next decade, IGS will aim to shift to clean energy solutions, including building on its existing solar division

Energy retailer IGS commits to net-zero by 2040

One of the US's largest energy retailers, IGS, has announced a new commitment to reach net-zero emissions for its operations and the services it provides to its domestic and business customers by 2040, pledging to provide 100% renewable electricity and carbon-neutral gas.

The Presidency, headed by Alok Sharma, seems to be keen to avoid accusations of greenwashing

UK Government starts search for corporate COP26 sponsors

The UK's COP26 presidency has outlined its sponsorship criteria for the conference, stating that it is only looking to work with businesses with "ambitious" net-zero targets.

Plan B’s director Tim Crosland argued that the decision remains a “fundamental breach of the social contract” and is working to file a claim with the courts

Treasury defends lack of 'green strings' tied to corporate Covid-19 relief packages

The Government has defended its decision to issue billion-pound bailouts for carbon-intensive companies and sectors, with the Treasury hitting back at accusations that the Paris Agreement and the climate crisis had been cast aside, but a court case still looms.

The blueprint will be fine-tuned before the end of 2020

Major investors to pilot new net-zero framework on $1.3trn of assets

Standard Life and the Church of England Pensions Board are among a coalition of investors trialling what has been described as the world's first blueprint for aligning investment portfolios with the Paris Agreement on climate.

The new investor group will focus on improving corporate understanding and action on the materiality of climate risk

Private equity investors launch Paris-aligned climate disclosure framework

A group of private equity investors have launched an international network committing to engage with corporates in reducing carbon emissions in line with the needs of the Paris Agreement.

Morgan Stanley will attempt to drive engagement with a new global standard across its sector

Morgan Stanley to disclose climate impact of investments

Morgan Stanley has become the first US-based global bank to commit to measuring and disclosing the environmental impact of its investment portfolio and loan offerings and will join a global partnership to drive climate action across the global accounting sector.

The updated deal raises spending on climate action from 25% to 30%

Coronavirus: EU's recovery deal lacking climate spending accountability, green groups warn

Following four nights of negotiations, the European Union (EU) has agreed its biggest joint borrowing plan ever recorded, pledging €750bn to a coronavirus recovery package, but green groups have expressed concerns that focus and accountability on green spending have "taken a battering".

Many Coalition members have already set net-zero targets, but the new partnership aims to accelerate progress further

We Mean Business Coalition urging members to target net-zero by 2040 under new Amazon partnership

More than 1,200 businesses will be encouraged to set and supported to deliver against net-zero targets deadlined no later than 2040, after We Mean Business Coalition partnered with Amazon.

Of the collective electricity generation capacity if the cohort, 60% is attributable to fossil fuel assets. Image: WBA

WBA: Less than 10% of electric utilities are taking Paris-Agreement-aligned climate action

Analysis of the decarbonisation ambitions and actions of 50 of the world's largest electric utilities companies has revealed that less than one in ten have fully aligned their business models with the Paris Agreement, despite the fact that the sector must 'enable' the global low-carbon transition.

Sky Sports has meanwhile confirmed it is the first sports broadcaster to sign up to the UNFCCC Sports for Climate Action Framework

Sport broadcasters form new sustainability consortium

BBC, ITV, BT Sport and Sky Sports are some of the key broadcasters that have joined the BAFTA Sports Consortium, a new group set up to reduce the impact that sports broadcasting has on the environment.

Equinor is aiming to deliver a final investment decision on the plant in 2023, with production set to commence in 2026

Equinor to deliver world's largest at-scale hydrogen from carbon capture plant in Hull

Equinor has unveiled plans to develop the world's largest plant capable of converting natural gas to hydrogen in combination with carbon capture and storage (CCUS), as part of the zero-carbon industrial hub located in the Humber region.

Image: Stribrohorak, CC BY 3.0. https://commons.wikimedia.org/wiki/File:Doln%C3%AD_Dolce_K._Are%C3%A1l_Kimberly-Clark.jpg 

Kimberly-Clark vows to halve emissions by 2030

Kimberly-Clark has pledged to halve its direct, power-related and supply chain emissions by 2030, as part of a string of new climate targets approved by the Science-Based Targets Initiative (SBTi).

'Happy Birthday, you haven’t aged a day’: One year on from the UK’s net-zero announcement

It's been one year since the UK's historic net-zero announcement, and the movement is being kept afloat by the corporate sector in a year the has seen policy blindsided by a global pandemic and slowed to a frustrating pace by Brexit.

The Airport claims it has been working since the recent Heathrow court ruling to examine how the expansion can be deliver in line with the Paris Agreement

Luton Airport to become 'most sustainable airport' by 2040

London Luton Airport has revealed an intention to become the UK's "most sustainable airport" by 2040, claiming that a planned expansion can be delivered in line with the ambitions of the Paris Agreement.

R&D spend to will be used to develop more efficient solutions to combatting climate change

Rolls-Royce commits to net-zero carbon operations by 2030

Manufacturing giant Rolls-Royce has announced an intention to become a net-zero carbon business by 2030, alongside a wider ambition to enable sectors it sells to in becoming net-zero by 2050.

Investors are becoming increasingly vocal on the need for a green recovery from the pandemic that does not lock in fossil fuels to the future economy

Investors worth €11trn call for European green recovery from Covid-19 pandemic

More than 100 investors have written to European business and finance leaders, calling on them to ensure the delivering of the bloc-wide Green Deal and deliver a green recovery from the coronavirus pandemic.

Net-zero must be at the heart of the business response to restoring the health of nature

World Environment Day 2020 aims to trigger action to protect and restore the health of nature around the world. This couldn't be more timely. Whilst evidence abounds showing that nature is bouncing back due to less human activity resulting from Covid 19, the statistics are still alarming.

New analysis from the Energy and Climate Intelligence Unit (ECIU)’s Net-Zero Tracker has found that 53% of global GDP is now covered by an intended or actual net-zero commitment

Race to Zero: COP26 campaign launched to push nations towards net-zero targets

To mark World Environment Day, the UK Government has launched its "Race to Zero" global campaign to mobilise support for the net-zero transition across businesses, cities and nations, with new data finding that 53% of global GDP is covered by a net-zero ambition in some form.

Carbon Tracker warns that any oil or gas producers attempting to revert to “business as usual” could be risking in excess of $100trn in potential profits

Fossil fuel profits set to collapse by two-thirds

The global market value of fossil fuels is set to collapse by almost two-thirds, creating heightened economic risk for companies, financial markets and countries failing to embrace new low-carbon technology.

The International Commercial Aviation Organisation (ICAO), a UN body, is set to start its annual general assembly on 8 June in Montreal,

EU urged not to mess with UN aviation rules

Leading MEPs have asked the European Commission and Council not to seek changes to the UN's global aviation scheme, which is aimed at making the industry carbon neutral. Airlines have requested more leeway to ride out the coronavirus outbreak slump.

Glasgow was announced as the host city for COP26

Boris Johnson confirms new COP26 date, urges nations to focus on green recoveries

Prime Minister Boris Johnson has reiterated a desire for the UK to deliver a "sustainable" recovery from the coronavirus pandemic in a way that brings together key international nations to reach the ambitions of the Paris Agreement and the Sustainable Development Goals (SDGs).

McKinsey notes that allocating funding towards climate action will cut emissions, spur job growth and generate economic returns

'Use it or lose it': Pandemic recovery a decisive moment for climate action

A new report from global analyst firm McKinsey has found that recovery packages from the coronavirus pandemic will be decisive in putting the world on course to meeting the Paris Agreement, calling for low-carbon technologies and solutions to be prioritised.

Glasgow was announced as the host city for COP26

Reports: COP26 to be delayed until November 2021

Reports have emerged that the UK Government has put forward the first two weeks of November 2021 as new proposed dates for the crucial COP26 climate conference, citing concerns over the state of international travel safety due to the coronavirus.

Just 6% had explored short, medium and long-term risks that could emerge as the world moves along the low-carbon transition

Business giants failing to disclose climate-related risks

Europe's largest businesses are failing to provide relevant climate-related data to investors, which could jeopardise the European Union's aims to deliver a "just" carbon-neutral transition by 2050.

The call from the SBTi comes as politicians prepare to outline economy recovery packages to respond to the economic damage caused by the coronavirus pandemic

Business giants call for science-based green economic recovery

More than 150 business giants, including Carlsberg, H&M and Pernod Ricard, with a combined market capitalisation of more than $2.4trn, have signed a joint statement calling on all governments to align coronavirus economic responses to climate science.

LSE warns that less than 5% of global emissions that are covered under carbon pricing initiatives are priced at a level consistent with the aims of the Paris Agreement

Carbon price: Tax polluters not people to assist coronavirus recovery, report urges

Carbon pricing aligned to the needs of the Paris Agreement can raise revenue to support the coronavirus recovery in a better way than a tax on income or labour, new research by the Grantham Research Institute on Climate Change and Environment at the London School of Economics and Political Science (LSE) has found.

The companies studied have all made recent commitments to combatting climate change, with some badging their new strategies as net-zero

Oil and gas giants overstating net-zero ambitions, study finds

Recent announcements from European oil and gas majors such as Total, Shell and BP to commit to net-zero aren't actually aligned to the required, science-based cuts to emissions to reach net-zero or the 1.5C target of the Paris Agreement, new research has found.

During the last 10 years, the firm has reduced the absolute carbon emissions associated with its energy use by 63%

Law firm Slaughter and May's carbon goals approved by SBTi

Legal giant Slaughter and May has confirmed that a goal to reduce emissions by 50% by 2030 has been approved by the Science Based Target initiative (SBTi) as aligned to the 1.5C ambition of the Paris Agreement.

Signatories of the alliance say they are committed to supporting post-pandemic “stimulus transformation plans” through climate action

Financiers join EU 'green recovery alliance'

More than 50 CEOs from the banking and insurance sector - including household names such as BNP Paribas, AXA, Allianz, and Santander - have joined the "green recovery alliance" in the European Parliament.

Total commits to net-zero emissions by 2050 following investor pressure

Global energy company Total is the latest in the sector to commit to net-zero emissions, setting a target for 2050 or sooner after extensive engagement with a climate action investor coalition.





Each of these success stories exemplifies how businesses are ramping up ambitions and actions in all areas of sustainable development 

World GBC's 'Paris proof' buildings and Abu Dhabi's low-cost solar: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

The 65% target proposal is unlikely to garner support from a majority in the European Parliament

EU lawmaker puts 65% emissions cut on the table

The European Parliament is gearing up for tough talks on the EU's climate target for 2030, with a 65% emissions cut now firmly on the table.

The 11th Petersberg Climate Dialogue reiterated the need for climate action during the pandemic

Messages of hope: How world leaders are rallying for a green Covid-19 recovery

The two-day Petersberg Climate Dialogue finished yesterday evening, with ministerial leaders from the UK, Germany, the EU and the UN all delivering rallying cries for nations to focus on climate mitigation as part of any efforts to stimulate the economic downturned caused by the coronavirus outbreak.

The report notes that the UK offshore wind sector could have significant future employment potential and could act as an alternative for offshore oil and gas workers

EU's climate strategy can spur 'just' and resilient labour market

On the eve of the release of the EU's recovery strategy, a group of business leaders have called for the bloc's climate-neutral target to be coupled with a "just transition" that could deliver job growth against future climate, demographic and technological megatrends.

40% of banks are failing to develop financing and investing restrictions or exclusions on high-carbon portfolios

Barclays and HSBC blasted over £158bn fossil fuel financing

Banking giants Barclays and HSBC have been accused of financing a combined £158bn into the fossil fuel sector since the signing of the Paris Agreement in 2015, despite both organisations pledging to ramp up sustainable investment portfolios.

Sharma noted that his department was still pushing the climate agenda during the pandemic. Image: Gov.uk

Alok Sharma: 'Focus has not stopped' on global climate action

The Secretary of State for Business, Energy and Industrial Strategy (BEIS), Alok Sharma had stated that the UK remains focused on preparations for the delayed COP26 climate summit, claiming that nations can't treat the coronavirus pandemic and climate action as an "either-or" scenario.

To date, 861 companies have committed to science-based targets to reduce emissions

Refinitiv, JLL and Ball unveil 1.5C science-based carbon commitments

Refinitiv has committed to setting science-based targets to reduce emissions in alignment with the Paris Agreement, while manufacturer Ball and real estate firm JLL have confirmed that their targets have been approved by the Science Based Targets initiative (SBTi).

From digging through the data to help you communicate to exploring long-term resiliency, there are lots of important tasks for sustainability professionals during lockdown

Six key areas of focus for sustainability professionals during lockdown

It's been almost a month since the UK Government introduced lockdown measures in response to Covid-19 and has since announced a further three-week extension to social distancing. As such, edie offers some best-practice advice for sustainability professionals to keep focusing on the climate battle during the pandemic.

It would also quadruple energy jobs to around 42 million, expand employment in energy efficiency to 21 million and add 15 million in system flexibility

IRENA: Renewables transition to boost global economy by $98trn

With the global economy set to slump to its lowest output for more than a century, nations can spur a global economic recovery by delivering a renewables-based energy transformation that could boost cumulative global GDP gains by more than $98trn compared to a 'business-as-usual' trajectory.

Trains at the Evian facility

Evian achieves carbon neutral certification globally

Danone-owned bottled water brand Evian has confirmed it has achieved carbon neutral certification across all the countries where the brand operates, following efforts to improve the efficiency of facilities and logistics and reducing lifecycle emissions of its bottles.

The company had recently surpassed its 2020 targets to reduce emissions by 50% against a 2009 baseline and reduce energy use in its buildings on an absolute basis by 50% against a 2013 baseline

Pearson to halve value chain emissions as part of approved science-based target

Learning and education company Pearson has had targets to halve its operational and value chain emissions by 2030 approved by the Science Based Targets initiative (SBTi).

According to the Guardian, Shell has a carbon footprint of more than 31 billion tonnes since 1965

Royal Dutch Shell commits to net-zero emissions by 2050

One of the world's largest emitters, Royal Dutch Shell, is set to announce plans to become a net-zero emissions business by 2050 at the latest at its Responsible Investment Annual Briefing today (16 April).

LG Solar is currently giving away cherry trees to customers to help them capture carbon at home

LG's solar arm targets carbon neutrality by 2030

LG Electronics' solar division has unveiled a new strategy of measures that will enable the business to become carbon neutral by 2030.

Advice on the Sixth Carbon Budget, which covers the reduction levels required for the period of 2033-2027 will now be published in December 2020, rather than September

UK's climate watchdog to refocus advisory reports to account for coronavirus impacts on net-zero

The Committee on Climate Change (CCC) has announced it is amending its advisory reports due for publication over the next 12 months to account for responses to the coronavirus pandemic, with a report on the UK's sixth carbon budget pushed back to December.

From animated films to hard-hitting documentaries, there's plenty to watch to keep sustainability professionals engaged during lockdown

Lockdown screening: 8 of the best film recommendations for sustainability and energy professionals

With many edie readers searching for something to watch in the safety of their own home, we've pulled together a list of the top films and documentaries to get lost in during lockdown – as recommended by sustainability and energy professionals across the country.  

MPs call for climate policy clarity on COP26 progress following postponement

The chair of the Environmental Audit Committee (EAC) has written to COP26 President Alok Sharma to seek an update on the "sad but unfortunate necessity" of postponing the climate summit, noting that climate change cannot afford to slip down the political agenda.

It is another setback for global climate negotiations following the disappointment of the 2019 conference in Madrid

COP26 climate summit postponed due to coronavirus

The crucial summit to negotiate for higher ambitions on climate change scheduled for November in Glasgow has been postponed, with new dates for the meeting to be decided in the coming months. However, there are some positives to the delay.

It is yet to be confirmed when the conference will take place in 2021

A 'sensible step' and 'opportunity to rebuild': Green economy reacts to COP26 postponement

Green groups have expressed disappointment but understanding that the COP26 climate summit scheduled for Glasgow in November has been postponed until 2021, with many citing the opportunity for countries to accelerate climate action in the meantime.

Equinor has said it will need to become a "broad energy company" to meet its targets. Image: Equinor

Equinor leaves US oil and gas industry body due to 'lack of position' on climate policy

Norwegian oil and gas giant Equinor has announced that it is leaving a US oil and gas industry association due to a "misalignment" with the company's new climate commitments and is set to influence other associations to deliver strong climate targets.

Ricoh will prioritise the use of renewables to help decarbonise its operations and push towards the science-based targets

Ricoh sets 1.5C science-based target as part of zero-emissions ambition

Japanese electronics firm Ricoh has confirmed that it has had a new target to reduce emissions by 63% by 2030 approved by Science Based Targets Initiative (SBTi) as aligned to the 1.5C ambition of the Paris Agreement.

The two firms are two of the largest emitters globally

US clears Exxon and Chevron to dismiss shareholder climate reporting requests

The US Securities and Exchange Commission (SEC) has approved requests from both Exxon and Chevron to reject shareholder proposals that have called on the oil and gas giants to report on how the companies are addressing climate change by aligning to the Paris Agreement.

Alongside enshrined carbon targets, the campaigners want the Government to ensure that worker rights regarding wages and conditions are embedded into the bailout

Link airline coronavirus rescue package to climate targets, campaigners urge

Campaigning groups have called for any Government bailout of airline companies due to the impact of the coronavirus to include conditional links for worker rights, fair taxing systems and transparent action plans on climate change.

Image: A march last year

Online climate strikes: XR turns to digital activism amid coronavirus pandemic

Extinction Rebellion's (XR) Youth arm has taken its campaign to demand that fossil fuel representatives are excluded from COP26 negotiations online, after pausing mass demonstrations in light of the coronavirus.

Companies are performing slightly better on the governance of climate-related risks

Heavy-emitting firms 'off-track' to deliver low-carbon world

More than 80% of the highest-emitting listed companies are failing to deliver emissions reductions aligned to the Paris Agreement's 2C global warming limit, with many companies also failing to account for climate mitigation and risk strategies.

Chanel sets 1.5C science-based targets, pledges 100% renewable energy

Luxury fashion and fragrance giant Chanel has committed to halve its carbon emissions by 2030, under a new 1.5C-aligned set of sustainability targets.

Analysis of 35 leading investment banks shows financing of more than $2.66tn for fossil fuel industries since the Paris agreement

Global banks 'failing miserably' on climate crisis by funneling trillions into fossil fuels, study finds

The world's largest investment banks have funnelled more than £2.2tn ($2.66tn) into fossil fuels since the Paris agreement, new figures show, prompting warnings they are failing to respond to the climate crisis.

The assessment took into account a string of extreme weather events made worse or more likely by rising global temperatures, including the Australia bushfires

UN head: Global action on climate crisis 'way off track'

The world is "way off track" in dealing with the climate emergency and time is fast running out, the UN secretary general has said.

CLG Europe is calling for clarity and direction on a plethora of low-carbon innovations

Corporate leaders want decarbonisation as central focus for Europe's Industrial Strategy

Business giants including Unilever, Interface, and Coca-Cola have called for the new European Industrial Strategy to focus heavily on decarbonisation in a way that sets out clear strategies for investment into low-carbon solutions and provides price incentives for new goods and services.

European Commission President Ursula von der Leyen (pictured) met with Greta Thunberg today

EU debuts climate law 'compass', Greta dismisses it as 'surrender'

The European Commission officially unveiled its Climate Law on Wednesday (4 March), aimed at making the EU carbon neutral by 2050. But Swedish climate activist Greta Thunberg criticised the plan as a "surrender".

Manchester set a 2038 net-zero target in 2018

Manchester City Council spells out five-year action plan to halve emissions

Manchester City Council hopes to approve a new action plan that would commit to halving the council's carbon footprint by 2025, in assistance with the city's wider ambition to reach net-zero emissions by 2038.

O2 has already reduced operational emissions by more than 80% since 2010 and claims the new targets will help it "move further and faster"

O2 targets net-zero network and operations by 2025

Telecommunications giant O2 has pledged to achieve net-zero across its entire business and mobile network by 2025 - a move it claims will make it the UK's first net-zero mobile network provider.

Parts of Italy - the co-host for the summit - are currently closed to all-but-essential travel over the outbreak 

Vital COP26 climate talks could be derailed by coronavirus

Concern is growing among campaigners that vital UN climate talks will be derailed by the coronavirus outbreak, while government officials are working to find ways round the problem.

The strategy seeks to develop “open-source, business-relevant reference scenarios” for regulators, financial firms and businesses to test climate resilience investment

'Investing for net-zero must go mainstream': COP26 finance strategy unveiled

The UK has published its COP26 strategy to help private finance support a global economic transition to net-zero emissions, with a heavy focus on exploring mandatory reporting requirements for climate-related data.

The initiative forms part of the GSMA’s climate action roadmap for the industry, which has already seen operators disclose impacts via CDP

Science-based pathway for net-zero emissions established for telecoms sector

The International Telecommunication Union (ITU), the Global e-Sustainability Initiative (GeSI) and the GSMA have forged a new partnership to develop a sector-specific decarbonisation pathway that will outline how all companies in the mobile sector can set science-based targets.

Judges have said that the third runway could go ahead, provided it fits in with the UK’s climate commitments

Government won't appeal Heathrow expansion court decision

UPDATED: The UK Government will not appeal a court decision to block the development of a third runway at Heathrow Airport, which was issued in response to climate change concerns and national targets aligned to the Paris Agreement.

The plan will aim to protect a percentage of the Earth's land and sea

Negotiations start on global 'Paris-style' deal to avert Earth's sixth mass extinction

National governments will meet in Rome this week to discuss and reflect on a 20-point UN draft proposal to halt irreversible ecological damage, which looks set to be formally adopted in October.

The FRC will consider how investors are addressing climate change under a new Stewardship Code, which will be issued from the beginning of 2021

Financial Reporting Council launches 'major' review of corporate climate reporting

The Financial Reporting Council (FRC) is set to launch a major review into the quality of how companies and auditors are reporting on climate change impacts and risks, including the pace at which the Task Force on Climate-related Financial Disclosures (TCFD) framework has been adopted.

Pictured: Glencore's Ferrochrome smelter in Lydenburg, South Africa

Glencore slams BP's net-zero target as it outlines measures to cap coal use

The chief executive of coal giant Glencore dubbed BP's 2050 net-zero target "wishy-washy" as he outlined how his firm will tackle scope 3 emissions through to 2035.

Each of these success stories exemplifies how businesses are ramping up ambitions and actions in all areas of sustainable development 

RBS's climate goals and Aldi's plastic bag crackdown: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

The TCFD formed in 2015 and launched its recommendations in June 2017

'Climate risk is financial risk': TCFD surpasses 1,000 global supporters

The Task Force on Climate-related Financial Disclosures (TCFD) has revealed that more than 1,000 organisations are supporting its recommendations, including corporates with a combined market cap of $12trn and investors with $138.8trn of assets under management collectively.

Sky will target a 50% absolute reduction in emissions by 2030

Dissecting the challenge: How Sky is approaching its net-zero target

EXCLUSIVE: Sky is facing the daunting task of engaging with 11,000 companies and 24 million customers as part of its new commitment to achieve net-zero emissions by 2030. The group's head of responsible business Fiona Ball outlines how Sky is "dissecting" this target to manage the transformation.

The panel included representatives from the finance, environmental services, engineering, cement, food manufacturing and retail sectors. Image: Aldersgate Group

Carbon trading clarity and citizens in the spotlight: What do businesses want from COP26?

With a successor to the COP26 presidency role yet to be announced, all eyes are on Westminster for news on its plans for organising the crucial summit. But - beyond a stable delivery team - what are UK business's big asks of the conference, both in terms of organisation and execution?

The new COP26 president will be announced this week, with Gove tipped as one of the fore-runners

Michael Gove urges 'most transparent ever COP' for Glasgow

Former Environment Secretary Michael Gove has laid out his big asks for COP26 preparations and denied rumours that he will replace former Energy Minister Claire O'Neill as the event's president during this week's cabinet reshuffle.

Any waste beer produced that fails to meet the company’s quality standards will be distilled and turned into Vodka

BrewDog to upcycle and trade used cans for company equity

Craft beer firm BrewDog has unveiled a new sustainability action plan that will allow consumers to trade in beer cans for upcycling and recycling in exchange for an equity stake in the company.

The Telegraph has reported that Barclays looks set to act on shareholder calls to ditch fossil fuel investments

Reports: BlackRock and Barclays to act on climate investment calls

As reports emerge that Barclays is set to agree on shareholder calls to phase-out fossil fuel investments, BlackRock has already made strides on its stance to remove fossil fuel firms from its portfolio.

edie will be back later this week with Part Two of the SLF special

Sustainable Business Covered: Igniting a decade of climate action at the Leaders Forum (Part One)

The edie podcast is brought to you live from our Sustainability Leaders Forum, as content editor Matt Mace speaks to leading sustainability experts from Interface, Diageo, WaterAid and WWF to ask, how will business leadership be redefined during a decade of deliverance?

The cement industry is one of the high-emitting sectors which the study researched.

Report: Heavy industry making "slow progress" on Paris Agreement

A new study has shown there has been slow progress on climate action in high-emitting industries, with just one in five corporates operating in line with a 2C trajectory. 

Reports suggest that government officials expressed concerns over O'Neill's ability to steer COP26 proceedings 

Claire O'Neill removed from COP president position

Former UK energy minister Claire O'Neill will be replaced as the president for the upcoming COP26 climate conference in Glasgow this year, as Prime Minister Boris Johnson prepares to launch a new dedicated strategy for the conference.

Some businesses are now looking outside of their own operations to become 'carbon-negative' rather than 'net-zero'

Greenwashing 2.0? Defining what it means to be a 'net-zero' business

Net-zero emissions has been scientifically heralded as a necessity to reverse the worst impacts of climate change. But a flurry of recent business commitments to become 'carbon-negative' and 'resource-positive' raises a critical question: does achieving 'net-zero' actually constitute business leadership?

Sainsbury’s will work with suppliers to help them set individual net-zero commitments

Sainsbury's commits £1bn to become net-zero by 2040

Supermarket retailer Sainsbury's has pledged to invest £1bn over the next 20 years in order to become a net-zero business across its own operations.

The Partnership has also warned that organisations and investment managers that fail to demonstrate reduced exposure to climate risks could be voted against 

Brunel Pension Partnership launches new finance strategy to align with net-zero future

The group overseeing £30bn worth of investments for 10 local government pension scheme funds has pledged to align its management practices with the Paris Agreement.

The announcement was made at Davos, where the Alliance is engaging with more than 50 C-suite representatives of portfolio firms

Church of England and Generali join UN's Net-Zero Asset Owner Alliance

The Church of England and insurance firm Generali are the latest organisation to sign up to the UN's Net-Zero Asset Owner Alliance, a coalition with more than $4.3trn in assets under management attempting to engage with corporates to reach net-zero emissions.


Suggested keywords